A valuable consideration, in the sense of the law, may consist either in some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss or responsibility given, suffered, or undertaken by the other. Harvard Law Review - Page 5341914Full view - About this book
| Charles Andrew Ray - Antitrust law - 1892 - 580 pages
...void.' d. Val uable Consideration. — The exchequer chamber in 1875 defined "consideration" as follows: "A valuable consideration, in the sense of the law,...some right, interest, profit or benefit accruing to the one party, or some forbearance, detriment, loss or responsibility given, suffered or undertaken... | |
| John James MacLaren - Bills of exchange - 1892 - 628 pages
...equivalent for the promise made, showing that the promise is § 27. not made gratuitously ": Leake, p. 17. " A valuable consideration in the sense of the law,...some right, interest, profit, or benefit, accruing to the one party, or some forbearance, detriment, loss, or responsibility given, suffered or undertaken... | |
| John James MacLaren - Bills of exchange - 1892 - 646 pages
...the sense of the law, may consist either in some right, interest, profit, or benefit, accruing to the one party, or some forbearance, detriment, loss, or...responsibility given, suffered or undertaken by the other ": Currie v. Misa, LR 10 Ex. 162 (1875). In the French law the intrench word " cause," which takes... | |
| Law reports, digests, etc - 1892 - 1310 pages
...the satisfaction of the jury, they constituted a sufficient consideration for the promise to release. A valuable consideration, in the sense of the law, may consist either in some benefit resulting to the one party, or in some forbearance, detriment, loss, or responsibility given,... | |
| Law reports, digests, etc - 1893 - 1326 pages
...debtor. It was bankrupt. It could not pay its debts. A consideration, in a legal senne, is said to "consist either in some right, interest, profit, or...responsibility given, suffered, or undertaken by the other." 3 Amer. & Eng. Ene. Law, p. 831; Black, Law Diet. "Consideration." The facts clearly show that the... | |
| John Davison Lawson - Contracts - 1893 - 676 pages
...instruments. § 92. What is a Consideration. — A consideration which will support a simple contract is, some right, interest, profit, or benefit accruing...responsibility given, suffered, or undertaken by the other." e It is not necessary that a benefit should 1 As where A and В were Joint owners • California, Iowa,... | |
| Vermont. Supreme Court - Law reports, digests, etc - 1893 - 742 pages
...plaintiff, would be sufficient." The Exchequer Chamber, in 1875, defined •consideration as follows : "A valuable consideration in the sense of the law,...some right, interest, profit or benefit accruing to the one party, or some forbearance detriment, loss or responsibility given, suffered or undertaken... | |
| New York (State). Courts, Francis Blaine Delehanty, Austin B. Griffin, Edward Jordan Dimock, Robert George Scherer, Joseph Albert Lawson, William Van Rensselaer Erving, Louis J. Rezzemini, Charles Cook Lester - Law reports, digests, etc - 1917 - 812 pages
...and enforceable, the Court of Appeals said : " ' A valuable consideration in the sense of the la\v may consist either in some right, interest, profit or benefit accruing to the one party, or some forbearance, detriment, loss or responsibility given, suffered or undertaken... | |
| Joshua Williams, Thomas Cyprian Williams - Conveyancing - 1894 - 720 pages
...valuable consideration (q). A Valuable convaluable consideration, in the sense of the law, may SK eratlon' consist either in some right, interest, profit, or...or responsibility given, suffered or undertaken by (m) It was formerly thought mont v. Kfcve, 8 QB 483. Express that an express promise, founded (n) Doctor... | |
| Ernest Wilson Huffcut, Edwin Hamlin Woodruff - Contracts - 1894 - 762 pages
...without foundation in the law. The Exchequer Chamber, in 1875, defined consideration as follows : " A valuable consideration in the sense of the law may...some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or responsibility given, suffered, or undertaken... | |
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